Kickfurther Buyers Crowdfinance $10.2 Million of Inventory

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Significant milestone for the leading inventory crowdfunding marketplace; Buyers earn Co-Op profits when Consignment Inventory sells

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Kickfurther is a crowdfinancing solution that helps companies fund purchase orders, increase revenue, tap into new buyers and grow brand awareness all at the same time. That’s our amazing value proposition.

Buyers on Kickfurther, the leading inventory crowdfunding marketplace that connects companies and individuals, have funded $10.2 Million of inventory for 288 product companies, earning an average greater than 2% consignment profit per month on completed Consignment Opportunities.

“It’s rewarding for our entire team to pass another significant milestone,“ said Kickfurther Co-Founder & CEO Sean De Clercq. “Kickfurther is a crowdfinancing solution that helps companies fund purchase orders, increase revenue, tap into new buyers and grow brand awareness all at the same time. That’s our amazing value proposition.”

“As a rapidly growing company, time is our most important asset. We need to be focused on growing the business, and raising capital takes a lot of time and it takes a lot of resources,” said MM Local Foods Co-Founder & CEO Jim Mills. “The (Kickfurther) process was a really positive experience for MM Local. We’ve been able to merge our customer base with the Kickfurther community, and we had a number of our customers participate in our Kickfurther raise.”

MM Local partners with family farmers to preserve surplus produce at the height of harvest through its two brands: MM Colorado and MM Pacific Northwest. Their production model helps prevent food from going to waste and helps local farmers grow. On Kickfurther, MM Local fans earn Consignment Profit when the brand’s inventory sells.

Kickfurther Consignments are not loans. Buyers provide inventory, marketing, and sales support for businesses, and they earn Co-Op profits when Consignment Inventory sells. In this way, the interests of the businesses are directly aligned with the interests of their Buyers. Brands can learn more via the webinar: How To Scale And Market Your Product Brand Using Crowdfinancing.

About Kickfurther
Kickfurther is a leading inventory crowd­funding marketplace that connects companies with individuals. The Kickfurther marketplace enables consumer product companies seeking capital to grow by sharing sales opportunities with individuals interested in participating in micro-retail.

Businesses post Consignment Opportunities by choosing the amount of inventory they want, the consignment profit Buyers will earn as inventory is sold, and the estimated duration of time it will take to sell the inventory based on prior sales history. Since its 2015 launch, Kickfurther has funded $10.2 million of inventory in 339 Consignment Opportunities by 288 product companies. Kickfurther users have earned, on average, more than 2% consignment profit per month on completed Co-Ops. For additional information, please visit http://www.kickfurther.com

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Erik Straub
Kickfurther
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